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, then distribution, then production. in conjunction with the great improvements in technology that unleashed the powers of capitalism, and capitalism manage to produce immense wealth, and at the same time produce poverty that had never been known before. the debt is to capitalism what hell is to christianity. unpleasant, but absolutely necessary for it to work. in a sense, capitalism is about ecological economics, even though capitalists don't want to hear this. it is about recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is a
to support a growing population. we have not develop the technologies to solve those problems. here at home we have a very high unemployment rate. and of course, we have a generation of aging baby boomers, like myself, who are wondering how we are going to support ourselves and our retirement. these are all big problems. my thesis is that we will get much further toward solving them if we can engage the power of the private sector to contribute to peace and prosperity. i tell people, i love corporations. i study them the way jane goodall studies chimpanzees. and i appreciate their potential to help solve their as problems -- to help solve those problems, to provide jobs to people who need to make a living, and provide decent investment returns. to come up with the technologies that can help us have a more sustainable future where we are in harmony with the environment and the planet. a lot of corporations are doing those things, but not as well as corporations could. corporations could contribute still more toward human welfare and avoid doing damage in some areas where they do, if only we
just this last hour while the message itself does not change the technology does. would you believe 3-d? yep. 80 years after the queen's grandfather began the tradition with a crackly address over wireless elizabeth ii wished the brits a happy christmas in 3-d. >>> in his christmas day message to the city and the world pope benedict xvi appealed for piece in countries at war with themselves. he singled out mali, nigeria, and especially syria. >> translator: yes, may peace be brought for the people of syria, deeply wounded and divided by a conflict which does not spare even the defenseless and reaps innocent victims. once again, i appeal for an end to the bloodshed. easier access for the relief of refugees and the displaced and dialogue in the pursuit of a political solution to the conflict. >> last night as always the pope celebrated christmas eve mass in st. peter's basilica. he reminded christians everywhere to leave room for god in their busy lives. >>> you can't get closer to christmas than church of the nativity in bethlehem. ♪ >> vast crowds turned out for midnight mass near the
the courage to negotiate a lasting peace. yesterday the pope talked about the lure of technology taking time away from war shopping god. >> pilgrims from around the world flock to belles a to bethlehem lining up to see the birthplace of jesus. leland vittert live from bethlehem, sending christmas greetings to us like nobody else can. merry christmas to you. >> reporter: you're right it is really a roo tphaoebg and magical place on earth to be for chris nass. i'm going t christmas. you see the christmas tree all lit up and past that the church of the nativity where tonight there are a couple of thousands of people lined up trying to head inside and down to the bible when th grothe tow where the bible said jesus was born two m ma malennia go. the pope took a political penned talking about the nation of palestine certainly on the mind of a lot of people here, a lot of locals in bethlehem and the west bank. nobody really does christmas celebrations like they do in the west bank. palestinian boy scouts marched in with snare drums through the streets down the star road, the famous road that lead i
. we look at the major advances in science and technology. "newsroom" starts now. good morning. thank you so much for being with us. i'm carol costello wishing you and yours a very merry christmas. we begin this hour with pope benedict using his annual christmas message to speak about the hope for peace even in the most difficult times and situations. just hours ago the 85-year-old pope spoke before a crowd in st. peter's square and to millions of others watching around the world he says even in syria, a nation embroiled in a nearly two-year long civil war, peace is possible. >> translator: may peace bring for the people of syria, deeply wounded and divided by a conflict which does not spare even the defenseless and reaps innocent victims. once again, i appeal for an end to the bloodshed. easier access for the relief of refugees and the displaced and dialogue in the pursuit of a political solution to the conflict. >> the pope also spoke out against violence against christians in nigeria and wrapped up his address by delivering christmas greetings in 65 languages. >>> in bethlehem peop
. >> everything lives forever in technology. it does. >> it doesn't. >> it will be interesting to see on the next reading on users if users come back, because instagram denounced what they're going to do with the photos. >> it's amazing how one lawyer, one draft had such a big affect. >> exactly. >>> markets are set to decline sharply at the open. how do you prepare for today's session? we'll get the word from the street, that is next. and jim paulson tells us why he's expecting a 15 to 20% gain for the s&p 500 in 2013. looks like we're going to lose 10.5 on the s&p right at the open. more "squawk on the street," right ahead. p for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people
is the technology and the other is the demand and fundraising. they spend so much time raising money and the do not have time to spend together. everything is different. nothing about the senate is better other than the influx of women. there was one woman in the senate that i wrote about. the fact that we have 20 now, which is a record, that makes a big difference. on the other hand, the hyper partisan senate is interesting. a number of people have said over time, boy, the senators now must not like your book. they're fine with the book. they do not think much of the senate. [laughter] my sympathy extends to a certain point. they have the power to change it. it does not have to be the way that it is. >> i want to go back to a point that he made. the humprrerey thing. what they leave out, it was a tough race. roll call was predicting humphrey would beat him. they gave the vote count and everything else. kennedy started working for five years to make sure byrd never becomes majority leader. he interviews a number of people. he does not want to take byrd onto himself. he is looking for a person
of retrotoys. the fergy with brand new technology. power rangers. it was exciting for me to see the toys that i enjoyed as a kid and see our kids enjoying them today. >> let's talk about apple. i was in the apple store the other day and i walked in and said, recession? what recession. it's unbelievable. no matter what time of day it's bustling. your poll shows that 49% of people on your website do want an iphone when it comes to a smartphone. 41% -- excuse me, that should be 49%. 41% want an ipad if you're talking about a tablet. they don't have the entire market but they certainly have -- it's like when you talk about kleenex you mean tissue. it's the same kind of thing? >> it is becoming that way. you know? ipod became the new music player and that was the ubiquitous term for it. it's all about the design. they're so cool looking. with ipad in particular, we were talking about this last night at home. not everyone has a use for an ipad and it's very specific functionality. however, you see one and you have to have one regardless of whether you really need it or not and i think that they'll re
Search Results 0 to 7 of about 8